China’s latest tariff hike is the most hard-hitting response against the tariffs slapped on countries worldwide by the US. - Reuters
SINGAPORE: China will raise tariffs on US goods to 84 per cent, up from the 34 per cent previously announced, in a dramatic escalation of the trade war between the world’s two largest economies.
China’s latest tariff hike, announced on April 9 and effective from April 10, is by far the most hard-hitting response against the tariffs that the United States had slapped on countries worldwide.
